Category: Property Division

Some couples that are preparing for divorce in Pennsylvania have very little negotiation to do. They already have a marital agreement that outlines how they should divide their debts and assets. However, those without a written agreement will need to negotiate with their spouses to divide their property. Pennsylvania is...

In our previous post, we began a discussion about the growing popularity of prenuptial agreements. More couples in Pittsburgh and elsewhere are realizing that these documents are not just for the very wealthy or for couples of vastly different ages. That’s why the stigma surrounding prenuptial agreements is dissipating. A...

Valentine’s Day occurred earlier this week, and the dust may be just starting to settle for many Pittsburgh residents. There are few occasions which illicit such contrasting emotions, and most people either love or hate this holiday depending on their expectations and previous experiences. Of course, the day is intended...

The end of a marriage not only takes an emotional toll on those involved, it also poses significant financial challenges. During divorce proceedings, spouses must determine what to do with a variety of assets, including the house. Given the financial consequences related to dividing this significant asset, decisions made regarding...

Celebrity divorce settlements are absorbing for many reasons. Beyond the gossip, it can be intriguing to consider, from a legal point of view, what issues may arise during the divorce when substantial income and assets are involved. Even though the divorcing couple may be quite wealthy, however, the division of...

Many people invest heavily, in different ways, in their marriages and in their businesses. When one of those investments fails, it can start to drag the other one down. In this blog post and the next one, we will look at ways to protect a closely-held business from being lost...

Prenuptial agreements aren’t only for the rich and famous. It’s a good idea for all individuals carrying assets into a marriage to use a prenuptial agreement as a means of protecting assets in the event of a divorce. These contracts can make the division of assets easier by clearly assigning...

Even in Pittsburgh, the story of the divorce between the owners of the L.A. Dodgers Major League Baseball club has been making the news (including this blog). Frank and Jamie McCourt have been in the divorce process now for three years, and are said to have paid millions in legal...

For couples facing divorce in Pittsburgh, there are already enormous emotional burdens to deal with. It can be overwhelming to think of all of the financial details that need to be attended to in a divorce, especially if a divorcing spouse does not have an experienced property division attorney. One...

Everyone makes mistakes. A lot of people make mistakes when they get divorced, or at least they worry that they do. Property division is a complex issue, regardless of the amount of marital property. It is easy to misconstrue details of a divorce settlement or the divorce decree. Courts aren’t...

Between separating from your spouse and dealing with your household and child support, you have enough on your mind during a divorce, you have enough on your mind. And stress on your wallet. An unnecessary, expensive bill is the last thing your family should have to deal with. Unfortunately, in...

For many couples in Pittsburgh, property division can be one of the most challenging parts of the divorce process. Couples work hard to build their estate and assets during marriage, and it’s tough to watch everything get cut in half by a divorce judge. However, in some situations, spouses may...

Courts don’t like to revisit issues in divorce property division. Just ask anyone who has asked a Pennsylvania court to change a property division decision after the divorce decree has become final. So it is not only Pittsburgh property division attorneys who are interested in the recent lawsuit by an...

For most people getting married for the first time, having a prenuptial agreement is an unappealing prospect. Only about three percent of first-time spouses get prenups. But a lot of people getting divorced and dealing with contentious matters of property division probably wish they had a clear and enforceable prenuptial...

Even when a divorce is amicable, deciding how to divide the household’s property is difficult. When a divorce is contentious, the problem is much, much worse. In longer marriages in particular, there can be many types of property involved, and valuation of these assets can be very fluid. In other...